Review of Reconfigurement
Posted: 13 Sep 2022, 16:35
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
A large chunk of the aging population across the world retires without enough monetary means to live out their remaining days. E. Alan Fleischauer, a highly experienced financial advisor, wants to change this common fate and help the everyday people prepare for their futures so they can afford to retire comfortably. Reconfigurement is about reconfiguring your finances so they can be in order when you decide to retire. It's about "planning ahead."
This book has a lot of good things going for it. I will focus on a couple for the sake of keeping this review short. The several retirement strategies outlined in the book are quite broad and extensive. The first major topic the author tackles is income. Of course, you have to have some means of earning money in order to plan for retirement. But the misuse of money is prevalent and so getting that in order first seems like a rather logical step. The 401(k), in American terms at least, is the easiest first step to get in order for retirement. I loved that I already knew about this, but this book made me think about it differently. I always thought that if you contribute to your 401(k), then you would most probably be set for retirement. That's not the case, and the author explains why that is so.
I love that the book took on broader topics in investment, insurances, Social Security, trusts, wills, and everything else in between. There is enough on this topic to write another full review, but I want to focus on another aspects of the book I enjoyed.
The writing style used in the book is fun, a little quirky, and humourous. I didn't expect that at all. When talking of things as serious as finance, I expect a very professional, almost robotic tone to the writing, but the author chose to go the silly route and serve a very entertaining book that also holds its integrity as an educational source material. It's amazing how balanced it is.
I couldn't pinpoint anything negative about the book, except perhaps note the four editing errors I discovered. And this is a non-issue, so I rate the book 4 out of 4 stars.
I will follow the author's suggestion and recommend this book chiefly to the 40 to 50 year old readers who need some help preparing for their retirement. The book gives quite clear guidelines on which areas need focus to properly benefit our latter years of life and the following retirement.
******
Reconfigurement
View: on Bookshelves | on Amazon
A large chunk of the aging population across the world retires without enough monetary means to live out their remaining days. E. Alan Fleischauer, a highly experienced financial advisor, wants to change this common fate and help the everyday people prepare for their futures so they can afford to retire comfortably. Reconfigurement is about reconfiguring your finances so they can be in order when you decide to retire. It's about "planning ahead."
This book has a lot of good things going for it. I will focus on a couple for the sake of keeping this review short. The several retirement strategies outlined in the book are quite broad and extensive. The first major topic the author tackles is income. Of course, you have to have some means of earning money in order to plan for retirement. But the misuse of money is prevalent and so getting that in order first seems like a rather logical step. The 401(k), in American terms at least, is the easiest first step to get in order for retirement. I loved that I already knew about this, but this book made me think about it differently. I always thought that if you contribute to your 401(k), then you would most probably be set for retirement. That's not the case, and the author explains why that is so.
I love that the book took on broader topics in investment, insurances, Social Security, trusts, wills, and everything else in between. There is enough on this topic to write another full review, but I want to focus on another aspects of the book I enjoyed.
The writing style used in the book is fun, a little quirky, and humourous. I didn't expect that at all. When talking of things as serious as finance, I expect a very professional, almost robotic tone to the writing, but the author chose to go the silly route and serve a very entertaining book that also holds its integrity as an educational source material. It's amazing how balanced it is.
I couldn't pinpoint anything negative about the book, except perhaps note the four editing errors I discovered. And this is a non-issue, so I rate the book 4 out of 4 stars.
I will follow the author's suggestion and recommend this book chiefly to the 40 to 50 year old readers who need some help preparing for their retirement. The book gives quite clear guidelines on which areas need focus to properly benefit our latter years of life and the following retirement.
******
Reconfigurement
View: on Bookshelves | on Amazon